The U.S. Securities and Exchange Commission (SEC) has delayed decisions on five cryptocurrency ETF proposals linked to XRP, Dogecoin (DOGE), Solana (SOL), Cardano (ADA), and Polkadot (DOT). The SEC stated that the postponements are necessary to allow for further review and to gather additional public input. These proposed exchange-traded funds would offer investors regulated exposure to popular digital assets through traditional financial markets. However, the SEC continues to express caution, highlighting concerns about market volatility, investor protection, and the potential for manipulation in the crypto space. The delay indicates the agency’s intent to carefully evaluate the implications of approving such products. Industry stakeholders and the public are encouraged to submit comments during the extended review period. A final decision is expected later this year, once the SEC completes its evaluation and considers the feedback received.
